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Zacks News
SoftBank to Merge Yahoo Japan and Line Messenger for AI Edge
by Zacks Equity Research
The transaction, subject to mandatory closing conditions and shareholder approvals, will help both Softbank (SFTBY) and Line to pool their resources for gaining a strong foothold in the AI domain.
Uber (UBER) Stock Hits New Lows as Lockup Expires
by Christopher Vargas
Uber (UBER) shares plummeted to a new low today as pre-IPO investors were allowed to sell the stock for the first time since its public debut.
WeWork Valued at Only $8 Billion as SoftBank Takes Control
by Madeleine Johnson
WeWork's valuation took a huge hit as part of the SoftBank takeover deal.
BlackBerry Establishes Advanced Technology Development Labs
by Zacks Equity Research
The establishment of BlackBerry Labs is the latest in a series of moves BlackBerry (BB) has taken to ensure that its customers are protected across all endpoints and verticals in the IoT.
PCTEL (PCTI) Catches Eye: Stock Jumps 7.8%
by Zacks Equity Research
PCTEL (PCTI) saw a big move last session, as its shares jumped nearly 8% on the day, amid huge volumes.
Assessing Peloton Stock & Other 2019 IPOs and What's Going On with WeWork
by Benjamin Rains
What investors need to know about newly public Peloton (PTON). And a broader look at what's going on with some other 2019 IPOs such as Uber (UBER) and Beyond Meat (BYND) to help make sense of the WeWork debacle and more.
Another IPO Treads Water as Peloton (PTON) Shares Fall in Market Debut
by Christopher Vargas
Peloton (PTON) made its market debut this week, opening on the NASDAQ at $27, which was below its IPO pricing of $29 per share.
WeWork CEO to Step Down: Are They Finally Ready to Go Public?
by Christopher Vargas
Office space company WeWork, now known as We Co, continued to tread water as board members and officials from its largest investor, SoftBank Group (SFTBY), were seeking the resignation of company cofounder and CEO, Adam Neumann.
Ceragon Networks (CRNT) Surges: Stock Moves 8.9% Higher
by Zacks Equity Research
Ceragon Networks (CRNT) saw a big move last session, as its shares jumped nearly 9% on the day, amid huge volumes.
The Zacks Analyst Blog Highlights: Softbank, Skechers and MasTec
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Softbank, Skechers and MasTec
Will Mario Draghi Disappoint Us? Global Week Ahead
by John Blank
On the table are interest rate cuts, a resumption of asset purchases, a pledge to keep rates low for longer and compensation for banks suffering from negative rates. The risk is the package falls short.
Uber Q2 Earnings Preview: Will Profit Ever Appear?
by Mitchell Moore
Uber (UBER) stock rose just 0.3% Tuesday amidst aftershocks from additional U.S.-China trade war tariffs and broader market concerns. Investors are looking for signs that the company will eventually become profitable, and for what to do if it doesn't.
Why GM Is Set to Challenge Tesla in Electric & Autonomous Vehicle Markets
by Mitchell Moore
GM is one of many automakers trying to chase Tesla (TSLA) as the top electric and autonomous vehicle manufacturer, with plans to produce 20 models of electric cars by 2023.
Uber Loses A Billion: Investors Aren't Fazed
by Daniel Laboe
Uber (UBER) lost another billion dollars and investors are happy about it. The stock price was up over 4% on open and is trailing down in morning trading as the rest of the market breaks.
Bear of the Day: NVIDIA (NVDA)
by Benjamin Rains
This chip power has seen its stock price plummet recently and our current estimates call for a major top and bottom-line downturn.
Virgin Group Eyes Space Entrepreneurship: 3 Stocks in Focus
by Zacks Equity Research
More corporate giants are now aiming to establish themselves as extraterrestrial enterprises, as U.S. progresses toward less expensive access to space.
The Zacks Analyst Blog Highlights: Softbank, Telstra and Geely Auto
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Softbank, Telstra and Geely Auto
We Have a U.S.-Centric Global Week Ahead
by John Blank
An entrenched U.S.-China trade fight, fresh S&P 500 Q3 earnings reports and the latest Fed minutes: these three factors all combine to light up the Global Week Ahead.
Toyota, SoftBank to Form JV for Autonomous Mobility Services
by Zacks Equity Research
Toyota (TM) is set to form a JV with SoftBank to develop a platform that can operate self-driving cars and provide a wide range of services.
BlackBerry (BB) in Focus: Stock Moves 11.7% Higher
by Zacks Equity Research
BlackBerry (BB) shares rose nearly 12% in the last trading session, amid huge volumes.
U.S. Cellular (USM) Hits Fresh High: Is There Still Room to Run?
by Zacks Equity Research
U.S. Cellular (USM) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Forget Tariff Backlash on Telecom Sector, Bet on 5 Top Picks
by Zacks Equity Research
Despite promising technological advancements, product launches and deployment of 5G technologies, now the big focus will be on how the telecom industry adapts to the new set of tariffs.
The Zacks Analyst Blog Highlights: Softbank, Glencore and DR Horton
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Softbank, Glencore and DR Horton
Trade Tensions Worry Global Stock Traders: Global Week Ahead
by John Blank
NAFTA negotiations are overheating at the moment. China tariff talk tensions also look likely to escalate into more actual tariff hikes by the USA.
Auto Stocks, Jobless Claims, & More Tariff Drama | Free Lunch
by Ryan McQueeney
Ryan McQueeney touches on the latest news related to tariffs between the U.S. and E.U., as well as jobless claims and unemployment. Later, he is joined by Dave Bartosiak to discuss GM's self-driving car unit, Tesla's Consumer Reports drama, and Fiat Chrysler's strategy meeting.